DRUSHEL-NEWSON

Operated by COX & PERKINS EXPLORATION, INC. (P-5 183345) in the LOST BRIDGE (YEGUA 8700) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 128169District 02Field 55026775NGPA filingCondensateGasSaveExport
Value, all time
$305 k
Jan 1993 – Mar 1999
Value, last 12 filed months
$78 k
at the published price for each month
Months reported
75
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1985-04-12
as the register files it
Field class
Gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1986-06-09.

The Commission's schedule remark for this field reads: CAPACITY FIELD MADE ONE WEL EFF 12/1/94

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition3,971 bbl$64,003
GasProduction534,792 Mcf$241,415
Total$305,418

433,646 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 28.9983, -96.7216. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.99830, -96.72158 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
9,300 ft
1 wells filed one
Completion to plug
10.5 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 9,300 ft.

Completions filed
Jul 1988
1 of 1 wells
Plug dates filed
Jan 1999
1 of 1 wells

Last completion to plug: a median of 10.5 years across the 1 well that filed both dates, with the middle half between 10.5 years and 10.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2393240319,300 ftJul 1988Jan 1999Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (75)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

75 months

Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 1999202010.381.90$2,097
Dec 199801,6389.201.77$2,905
Nov 1998503,84410.892.19$8,946
Oct 1998194,29712.421.97$8,698
Sep 1998164,33912.592.08$9,238
Aug 1998123,23211.301.91$6,300
Jul 199803,79111.742.24$8,481
Jun 199843,30411.242.24$7,437
May 1998424,35712.622.21$10,143
Apr 1998435,16013.042.51$13,488
Mar 1998485,07212.802.31$12,328
Feb 1998334,33113.952.30$10,418
Jan 199894,50614.702.15$9,842
Dec 1997414,14316.322.41$10,658
Nov 199704,20918.193.09$12,998
Oct 199704,13219.253.15$13,015
Sep 199704,36817.742.95$12,907
Aug 19971594,59817.862.55$14,586
Jul 199704,66517.582.25$10,482
Jun 199704,49817.242.26$10,153
May 199704,86318.972.31$11,226
Apr 199764,50517.882.08$9,490
Mar 19971714,70118.951.94$12,356
Feb 199703,58520.492.21$7,908
Jan 199765,00823.483.54$17,868
Dec 1996415,91823.32$956
Nov 1996986,22121.97$2,153
Oct 199606,10423.31$0
Sep 1996245,71222.22$533
Aug 1996226,28920.26$446
Jul 199666,36619.55$117
Jun 19961286,50118.73$2,397
May 199606,47819.43$0
Apr 199606,24221.51$0
Mar 1996566,41919.38$1,085
Feb 19961947,04916.98$3,294
Jan 1996197,64617.07$324
Dec 19951918,42017.19$3,283
Nov 1995217,34116.00$336
Oct 199538,54415.43$46
Sep 1995228,21416.18$356
Aug 19951857,36315.92$2,945
Jul 199587,32615.24$122
Jun 1995346,85316.41$558
May 1995167,09817.56$281
Apr 1995387,78217.73$674
Mar 19951809,31416.44$2,959
Feb 1995307,12616.58$497
Jan 199509,49115.92$0
Dec 19941719,00315.03$2,570
Nov 1994578,26615.90$906
Oct 199419,56315.58$16
Sep 19941049,27315.29$1,590
Aug 1994329,59416.13$516
Jul 1994518,40117.56$896
Jun 19942087,99817.09$3,555
May 1994228,66215.88$349
Apr 1994138,82514.14$184
Mar 19942079,44312.46$2,579
Feb 1994117,97612.50$138
Jan 1994418,68612.66$519
Dec 19931318,79712.33$1,615
Nov 199369,32714.49$87
Oct 199317811,40715.85$2,821
Sep 19931011,35415.03$150
Aug 19931113,04715.66$172
Jul 19932514,11315.46$387
Jun 199318913,97216.79$3,173
May 1993014,31717.68$0
Apr 199316514,61418.05$2,978
Mar 1993015,50318.14$0
Feb 199316113,78517.90$2,882
Jan 1993015,90316.93$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Jan 1999 — as filed, then multipliedworked
Condensate           202 bbl  × $ 10.38 =     $2,097
Gas                    0 Mcf  × $  1.90 =         $0

────────────────────────────────────────────────────
Month total                                   $2,097

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 02/G/128169 is the state's own key, not one this site invented.